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Coty (COTY) Stock Price, News & Analysis

Coty logo
$7.04 +0.04 (+0.57%)
(As of 12/20/2024 05:31 PM ET)

About Coty Stock (NYSE:COTY)

Key Stats

Today's Range
$6.87
$7.18
50-Day Range
$6.99
$9.17
52-Week Range
$6.87
$13.30
Volume
11.09 million shs
Average Volume
4.30 million shs
Market Capitalization
$6.12 billion
P/E Ratio
41.41
Dividend Yield
N/A
Price Target
$11.41
Consensus Rating
Moderate Buy

Company Overview

Coty Inc., together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co. brands. The company provides Consumer Beauty segment products primarily through hypermarkets, supermarkets, drug stores, pharmacies, mid-tier department stores, traditional food and drug retailers, and e-commerce retailers under the Adidas, Beckham, Biocolor, Bozzano, Bourjois, Bruno Banani, CoverGirl, Jovan, Max Factor, Mexx, Monange, Nautica, Paixao, Rimmel, Risque, and Sally Hansen brands. It also sells its products through third-party distributors. The company was founded in 1904 and is headquartered in New York, New York. Coty Inc. is a subsidiary of JAB Beauty B.V.

Coty Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
94th Percentile Overall Score

COTY MarketRank™: 

Coty scored higher than 94% of companies evaluated by MarketBeat, and ranked 12th out of 146 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Coty has received a consensus rating of Moderate Buy. The company's average rating score is 2.53, and is based on 10 buy ratings, 6 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Coty has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Coty's stock forecast and price target.
  • Earnings Growth

    Earnings for Coty are expected to grow by 17.65% in the coming year, from $0.51 to $0.60 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Coty is 41.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Coty is 41.41, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.97.

  • Price to Earnings Growth Ratio

    Coty has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Coty has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.41% of the float of Coty has been sold short.
  • Short Interest Ratio / Days to Cover

    Coty has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Coty has recently increased by 3.49%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Coty does not currently pay a dividend.

  • Dividend Growth

    Coty does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Coty is 294.12%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Coty will have a dividend payout ratio of 83.33% in the coming year. This indicates that Coty may not be able to sustain their current dividend.

  • Read more about Coty's dividend.
  • Percentage of Shares Shorted

    3.41% of the float of Coty has been sold short.
  • Short Interest Ratio / Days to Cover

    Coty has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Coty has recently increased by 3.49%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Coty has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for Coty this week, compared to 12 articles on an average week.
  • Search Interest

    Only 8 people have searched for COTY on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Coty to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Coty insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 6.00% of the stock of Coty is held by insiders.

  • Percentage Held by Institutions

    42.36% of the stock of Coty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Coty's insider trading history.
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COTY Stock News Headlines

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Mark my words … Bitcoin is going to $100,000. BEFORE Trump is inaugurated. And I think it could reach $125,000 by the end of his first month in office.
Coty Inc. Cl A stock rises Friday, still underperforms market
Demystifying Coty: Insights From 18 Analyst Reviews
See More Headlines

COTY Stock Analysis - Frequently Asked Questions

Coty's stock was trading at $12.42 at the beginning of 2024. Since then, COTY stock has decreased by 43.3% and is now trading at $7.04.
View the best growth stocks for 2024 here
.

Coty Inc. (NYSE:COTY) released its earnings results on Wednesday, November, 6th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.04. Coty's revenue was up 1.8% on a year-over-year basis.

Coty's board authorized a share buyback program on Monday, November 13th 2023, which allows the company to repurchase $600,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 7.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

Top institutional shareholders of Coty include Banco Santander S.A. (2.66%), State Street Corp (1.27%), Thrivent Financial for Lutherans (0.74%) and Geode Capital Management LLC (0.71%). Insiders that own company stock include Holdings BV Jab, Maria Asunicion Aramburuzabala, Olivier Goudet, Robert S Singer, Isabelle Parize, Isabelle Parize, Sue Nabi, Bretten Gordon Von and Beatrice Ballini.
View institutional ownership trends
.

Shares of COTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Coty investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), General Electric (GE), Advanced Micro Devices (AMD), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

Last Earnings
11/06/2024
Today
12/21/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Toilet preparations
Sub-Industry
Consumer Goods
Employees
11,791
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.41
High Stock Price Target
$15.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+62.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.53
Research Coverage
17 Analysts

Profitability

Net Income
$89.40 million
Pretax Margin
4.65%

Debt

Sales & Book Value

Annual Sales
$6.15 billion
Cash Flow
$0.81 per share
Book Value
$4.62 per share

Miscellaneous

Free Float
817,704,000
Market Cap
$6.12 billion
Optionable
Optionable
Beta
1.89

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This page (NYSE:COTY) was last updated on 12/21/2024 by MarketBeat.com Staff
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